Abu Dhabi / New York – [10 December 2025] – KraneShares, a global asset management firm known for delivering differentiated access to China, climate, and emerging technologies, today announced that two of its flagship exchange-traded funds—the KraneShares CSI China Internet ETF (KWEB) and the KraneShares Global Carbon Strategy ETF (KRBN)—have officially cross-listed on the Abu Dhabi Securities Exchange (ADX) from the New York Stock Exchange (NYSE).

This milestone marks the first time U.S.-domiciled ETFs have been cross-listed in the Gulf Cooperation Council (GCC) and on ADX[1], expanding investor access across one of the world’s fastest-growing capital markets.

A Landmark for Global Market Connectivity

KWEB, the largest U.S.-listed China ETF[2], and KRBN, the the world’s first, largest, and most liquid publicly listed carbon allowance ETF[3] for cap-and-trade carbon allowances, are now directly accessible to regional investors through ADX. This cross-listing reinforces Abu Dhabi’s role as a gateway for global capital and highlights the increasing connectivity between U.S. and Gulf financial markets.

“This is a transformational step for regional investors seeking global exposure through world-class ETFs,” said Jonathan Krane, CEO of KraneShares. “Cross-listing KWEB and KRBN on ADX not only expands access across the GCC but also strengthens financial bridges between the U.S., China and the Middle East.”

Abdulla Salem Alnuaimi, Group Chief Executive Officer of the Abu Dhabi Securities Exchange (ADX) Group, said: “This milestone reflects the continued strengthening of Abu Dhabi’s role within the global financial landscape. Listing US securities on the ADX demonstrates the confidence international partners place in our market infrastructure, regulatory robustness, and deepening liquidity. These ETF listings also serve as a meaningful bridge connecting the UAE with both the US and Chinese capital markets. As we expand our collaboration with leading global exchanges, we remain committed to enhancing market access, broadening investment opportunities, and supporting Abu Dhabi’s long-term vision for a dynamic, resilient, and globally connected capital market.”

NYSE Recognizes Cross-Border ETF Milestone

“KraneShares has long been an important member of the NYSE ETF community, and seeing two NYSE-listed ETFs expand their global footprint through a cross-listing on ADX underscores the growing interconnectedness of global capital markets,” said Lynn Martin, President of NYSE Group, New York Stock Exchange. “We are pleased to support initiatives that enhance access, deepen liquidity, and bring leading U.S.-listed products to investors around the world.”

Strategic Access to Two High-Growth Themes

• KWEB – China’s Digital Economy Leader:
  Provides direct exposure to China’s leading internet and technology platform companies, offering exposure to innovation across e-commerce, fintech, AI, cloud computing, online entertainment, and logistics.
• KRBN – Global Carbon Markets in One ETF:
  Provides diversified exposure to the world’s major cap-and-trade carbon allowance markets—including the EU ETS, California's Cap-and-Invest, the Northeastern U.S’s Regional Greenhouse Gas Initiative (RGGI), Washington State’s Cap and Invest, and the U.K. ETS—allowing investors to participate in the expansion of regulated carbon markets worldwide.

About KraneShares

KraneShares delivers research-driven, high-conviction investment strategies that connect investors to some of the world’s most powerful growth themes. From China’s dynamic capital markets to climate, disruptive technologies, alternatives, and fixed income, the firm aims to help investors position portfolios for the future. By combining innovative products, deep expertise, and trusted global partnerships, KraneShares provides solutions designed to capture the megatrends reshaping the global economy.

About Abu Dhabi Securities Exchange (ADX)

ADX is a market for trading securities, including shares issued by public joint stock companies, bonds issued by governments or corporations, exchange traded funds, and any other financial instruments approved by the UAE Securities and Commodities Authority (SCA). ADX is the second largest market in the Arab region and its strategy of providing stable financial performance with diversified sources of incomes is aligned with the guiding principles of the UAE “Towards the next 50” agenda. The national plan charts out the UAE’s strategic development scheme which aims to build a sustainable, diversified and high value-added economy that positively contributes to transition to a new global sustainable development paradigm.

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[1] Kahn, Darmad “ADX signs pact with New York Stock Exchange to explore dual listings”, The National News, as of December 4, 2025

[2] Data from Bloomberg as of October 31, 2025

[3] Carbon Credits.” ETF.com, www.etf.com/topics/carbon-credits. Accessed 1 Dec. 2025